IPO Previews For The Week
Portfolio Pulse from Benzinga Insights
ODDITY Tech Ltd (NASDAQ:ODD) is set to become publicly listed on July 19, 2023, with a price range set between $27.00 and $30.00. The company will be offering 10,526,000 shares at a per-share value of $28.50. The IPO comes with a 180-day lockup period.
July 16, 2023 | 6:13 pm
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ODDITY Tech Ltd is going public with shares priced between $27.00 and $30.00. The IPO could attract investors, potentially driving up the stock price in the short term.
IPOs often attract a lot of attention from investors, which can drive up the stock price in the short term. However, the 180-day lockup period means that insiders cannot sell shares, which could limit the stock's liquidity and volatility in the short term.
CONFIDENCE 70
IMPORTANCE 80
RELEVANCE 100